The Agriculture Commissioner of the State of West Virginia requires a West Virginia auctioneer bond before he will issue a license to act as an auctioneer in the public sale of real or personal property in the state. Pursuant to W.V. §19-2C-1, the term “auctioneer” means and includes a person who sells goods or real estate at public auction for another on commission or for other compensation. One condition of the license is the deposit of a $10,000 West Virginia auctioneer bond which guarantees compliance with the provisions of Chapter 19, Article 2C, Code of West Virginia, as amended, and with the rules and regulations promulgated by the Agriculture Commissioner. An auctioneer apprentice must also provide a bond, however the West Virginia auctioneer apprentice bond is required in the amount of only $5,000. The obligation states that the auctioneer will comply with all of the provisions of Chapter 19, Article 2C, Code of West Virginia, as amended, and with the rules and regulations promulgated by the Agriculture Commissioner of West Virginia. West Virginia surety leader Surety One, Inc., the nation’s leader in surety can accommodate both the surety and fidelity bond needs of auctioneers in states where bond is required. For more information or for a West Virginia auctioneer bond application visit us at SuretyOne.com, call (787) 333-0222 or (800) 373-2804, or email us at Underwriting@SuretyOne.com.
